NOT LISTED FOR SALE

26 Arrowhead Rd Narragansett, RI 02882

Estimated Value: $829,000 - $2,347,000

4 Beds
3 Baths
1,619 Sq Ft
$792/Sq Ft Est. Value

Last Sold June 22, 2021

Last sale price $575,000 $355 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $7,370/month

61 Days on Market

Highlights

  • Marina
  • Water Views
  • Water Access
  • Narragansett Elementary School Rated A
  • Golf Course Community
  • Wood Flooring

About This Home

As of June 2021

Subject to probate approval. 4 Bedroom 3 bath ranch in need of extensive updates. This property has great water views. Possibilities include fixer upper for a flip or an owner occupied. Over 1,600 sqft on main level, hardwoods. Laundry on main level, walkout in lower level, plenty of parking. Loads of potential!

Last Agent to Sell the Property

Richard Perelman

RE/MAX 1st Choice License #REB.0016189 Listed on: 03/22/2021

RE/MAX 1st Choice

Last Buyer's Agent

James Durkin

Durkin Cottage Realty License #REB.0010447

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,736

Year Built

  • Built in 1955

Lot Details

  • 0.3 Acre Lot

HOA Fees

  • $6 Monthly HOA Fees

Home Design

  • Fixer Upper
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,619 Sq Ft Home
  • 1-Story Property
  • Fireplace Features Masonry
  • Storage Room
  • Wood Flooring
  • Water Views
  • Attic

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 6 Parking Spaces
  • No Garage

Outdoor Features

  • Water Access
  • Walking Distance to Water

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Steam
  • Tankless Water Heater
  • Oil Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 101
  • Assessor Parcel Number 26ARROWHEADRDNARR

Community Details

Overview

  • Harbour Island Subdivision

Amenities

  • Shops

Recreation

  • Marina
  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,736

Year Built

Built in 1955

Lot Details

0

HOA Fees

$6 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.303
  • Subdivision Name: Harbour Island
  • Above Grade Finished Sq Ft: 1619.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1955
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Oil Water Heater, Tankless Water Heater
  • Has Basement: Full, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Attic, Tub Shower, Cable TV
  • Living Area: 1619.0
  • Dining Room Type: Bathroom, Storage Room
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Water Access, Walk to Water
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Vinyl Siding
  • Foundation Details: Concrete Perimeter
  • Property Condition: Fixer

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Marina, Near Schools, Shopping
  • Senior Community: No
  • Association Fee: 68.0
  • Association Fee Frequency: Annually

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13198.0
  • Parcel #: 26ARROWHEADRDNARR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4736.0
  • Tax Lot: 101
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2021
Closed on
Jun 18, 2021
Sold by
Holcombe Raymond J Est
Bought by
Centofanti Joseph V and Centofanti Melissa A
Seller's Agent
Richard Perelman
RE/MAX 1st Choice
Buyer's Agent
James Durkin
Durkin Cottage Realty
List Price
$459,900
Sold Price
$575,000
Premium/Discount to List
$115,100
25.03%
Current Estimated Value
$1,281,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$706,747
Avg. Annual Appreciation
18.86%
Original Mortgage
$460,000
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Mar 22, 2021
Closed on
Jun 15, 2021
Sold by
Holcombe Raymond J and Holcombe Matthew J
Bought by
Centofanti Joseph V and Centofanti Melissa A
Seller's Agent
Richard Perelman
RE/MAX 1st Choice
Buyer's Agent
James Durkin
Durkin Cottage Realty
List Price
$459,900
Sold Price
$575,000
Premium/Discount to List
$115,100
25.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 23, 2015
Sold by
Holcombe Raymond J
Bought by
Bird Song Assoc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Centofanti Joseph V $575,000 None Available
Centofanti Joseph V -- None Available
Bird Song Assoc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Centofanti Joseph V $800,000
Closed Centofanti Joseph V $460,000
Closed Centofanti Joseph V $460,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2021 06/22/21 Sold $575,000 +25.0% $355 / Sq Ft
05/23/2021 05/23/21 Pending -- -- --
03/22/2021 03/22/21 For Sale $459,900 -- $284 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,712 $719,400 $360,900 $358,500
2023 $4,558 $489,600 $248,900 $240,700
2022 $4,406 $489,600 $248,900 $240,700
2021 $4,328 $488,500 $248,900 $239,600
2020 $4,737 $452,000 $239,600 $212,400
2019 $4,624 $452,000 $239,600 $212,400
2018 $4,497 $452,000 $239,600 $212,400
2017 $4,128 $390,900 $218,600 $172,300
2016 $3,940 $390,900 $218,600 $172,300
2015 $3,886 $390,900 $218,600 $172,300
2014 -- $390,900 $218,600 $172,300
Source: Public Records

Agents Affiliated with this Home

  • Richard Perelman

    Seller's Agent in 2021

    Richard Perelman

    RE/MAX 1st Choice

    (401) 286-2005

    1 in this area

    103 Total Sales

    Richard Perelman
    Section Image

  • J

    Buyer's Agent in 2021

    James Durkin

    Durkin Cottage Realty

    (401) 789-6659

    45 in this area

    47 Total Sales

    James Durkin
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1278101

State-Wide MLS

APN: NARR-000101-000000-Y000001

Rhode Island Washington County Narragansett 02882

26 Arrowhead Rd, Narragansett, RI

This home is located at 26 Arrowhead Rd, Narragansett, RI 02882 since 22 March 2021 and is currently estimated at $1,281,747, approximately $791 per square foot. This property was built in 1955. 26 Arrowhead Rd is a home located in Washington County with nearby schools including Narragansett Elementary School, Narragansett Pier Middle School, and Narragansett High School.

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